Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Berlin considers purchase of Eurofighters, modernisation of Taurus cruise missile

    Berlin considers purchase of Eurofighters, modernisation of Taurus cruise missile

    Published by Global Banking and Finance Review

    Posted on September 5, 2025

    Featured image for article about Headlines

    By Sabine Siebold

    (Reuters) -The German government plans to seek parliamentary approval for around 80 defence projects by the end of the year, including the purchase of Eurofighter jets and the modernisation of the Taurus cruise missile, according to a document seen by Reuters.

    The document outlines 81 defence projects that surpass the threshold of 25 million euros ($29 million), beyond which purchases need approval by parliament's budget committee.

    Among the items is the so-called Tranche 5 of Eurofighter jets, former Chancellor Olaf Scholz previously said would include 20 aircraft built by Airbus.

    The list also features plans to modernise the Taurus cruise missile system, including the establishment of a production line for the next-generation Taurus NEO.

    Last year, Reuters reported that Defence Minister Boris Pistorius aimed to develop an advanced version of the Taurus and buy 600 of them.

    German forces possess 600 of the current version with a range of more than 500 km (311 miles) in their inventories, to be launched from fighter jets such as the Tornado, the F-15 or the F/A-18.

    The weapon, built by the European defence company MBDA, is designed to destroy high-value targets behind enemy lines such as command bunkers, ammunition and fuel dumps, airfields and bridges.

    Other major projects on the list include the acquisition of Patriot and IRIS-T SLM missile systems, Puma infantry fighting vehicles, Boxer armoured personnel carriers, and Heron TP drones manufactured in Israel, among others.

    In August, Germany halted exports of arms to Israel which could be used in Gaza Strip because of Israel's plan to expand its operations there.

    The list does not specify the number of systems to be acquired, the price or who produces them.

    ($1 = 0.8542 euros)

    (Reporting by Sabine Siebold, Writing by Rachel MoreEditing by Ludwig Burger and Louise Heavens)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe